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Coinbase Opts out of IPO Routine, Chooses Popular Direct Listing Route


The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution...

Bitcoin Jumps To Almost USD 38K, Ethereum, Altcoins Try To Follow


Bitcoin price surged 20% after Elon Musk updated his Twitter bio with #Bitcoin. BTC broke the main USD 35,000 resistance and even climbed towards USD 38,000. It is currently (12:30 UTC) holding gains above USD 36,000 and it might soon revisit the USD 38,000 resistance. Most major altcoins...

Bitcoin Holds Steady Above USD 30K, Ethereum and Altcoins Gain Traction


Bitcoin price is stable above USD 30,500 and USD 31,000. BTC is currently (13:00 UTC) attempting an upside break above USD 31,800 and USD 32,000. A close above USD 32,000 could open the doors for a larger increase in the coming sessions. Besides, most major altcoins are showing signs of a fresh...

Tron's Justin Sun Jumps On the GME Purchase Bandwagon With USD 1M Bag


Justin Sun. Source: a video screenshot, Youtube, Tron Live Tron (TRX) CEO Justin Sun has become a part of another fast-rising, potentially quickly passing trend, as he now says will join the Wallstreetbets crew in purchasing GameStop (GME) stocks - worth a million dollars. "I'll be buying...

El camino de Ethereum hacia los USD 2.000: tres razones para ser optimista


Ethereum, la criptomoneda con la segunda capitalización más grande del mercado, alcanzó un nuevo máximo histórico al alcanzar los USD 1.439,33 el 25 de enero. Es la primera vez que este activo digital supera el techo de los USD 1.400 desde el 13 de enero de 2018, y sus retornos acumulan un 76%...

XRP Drops Despite Positive Report, A Lawsuit Over USD 50 Loss Emerges


It seems that the recent bullish remarks by Brad Garlinghouse, CEO of blockchain company focusing on the banking sector Ripple, didn't help XRP move higher as its price has since dropped. Meanwhile, a lawsuit against Ripple over a USD 48.56 loss has emerged. At the time of writing (13:41 UTC),...

Chinese Central Bank Governor Signals USD 37B Ant IPO May Still Happen


Alibaba boss Jack Ma. Source: a video screenshot, Youtube, Viva Technology What was set to become the biggest initial public offering (IPO) in the world – the floating of Chinese business giant Alibaba’s fintech and blockchain arm Ant Group – could well be back on at some point in the future,...

Ethereum Eyes USD 1,500, Altcoins Gain, Bitcoin Stable


Bitcoin price seems to be forming a base above the USD 32,000 level. BTC recovered above the USD 32,500 and USD 32,800 resistance levels. It is currently (05:00 UTC) trading above USD 33,000 and it seems like the bulls might test the USD 34,000 or USD 34,200 levels. Conversely, most major altcoins...

Stablecoins May 'Penetrate Non-Crypto Markets' & Surpass USD 100B in 2021


2021 could be the year when stablecoins move deeper inside the non-crypto markets, with some expecting the total value of stablecoins almost tripling and surpassing USD 100bn this year, according to industry figures. Market capitalization of stablecoins already jumped by around sixfold in the past...

Bitcoin Spikes Above USD 32K as MicroStrategy Boosts Morale With a New Deal


The world's number one crypto moved up and above USD 32,000 again as US-based business intelligence company MicroStrategy revealed its USD 10m bitcoin (BTC) deal. On Friday afternoon, 14:37 UTC, bitcoin climbed from the USD 29,400 level to which it had dropped earlier in the day, and is trading...

Is Ethereum Poised To A Parabolic Growth To USD 2,000?


The text below is an advertorial article that was not written by Cryptonews.com journalists. Ethereum steals the spotlight of Bitcoin, surging to USD 1,439 Monday and surpassing its previous all-time high of USD 1,432. Meanwhile, Bitcoin is trading flatline. It seems that Ethereum is breaking away...

BlackRock Has USD 235bn in Alternatives And Now It's Coming For Bitcoin


Source: A video screenshot, Youtube/CNBC As the world’s largest asset manager, BlackRock, revealed its intentions to invest in cash-settled bitcoin (BTC) futures, how large this exposure might be? In its Q4 2020 report, the company said that it had more than USD 235bn in alternative investments...

Bitcoin Less Risky Than Tesla, Ethereum at USD 10,500 + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Bitcoin news While the most popular cryptocurrency, bitcoin (BTC), is considered to be almost in the "extreme bubble" territory, more...

Economic Experts Flummoxed by BTC’s Spectacular Rise, Sold at USD 19K


Investors who cashed in on their bitcoin (BTC) holdings before the token hit the USD 20,000 threshold have been eating humble pie – with one admitting, “When I sold bitcoin at USD 19,000. I thought I was the smartest person around.” The admission came in an interview with Mohamed El-Erian,...

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